Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.



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President of the Old Speculators' Assn.
Jack Tierney

Editors' note: Our creation of the Old Speculators' Association was inspired by Gordon MacQuarrie's Stories of the Old Duck Hunters, particularly the doings and sayings of the Old Duck Hunters' Association president, who is the mythical embodiment of all the duck hunters who ever lived. Jack Tierney is a Tennessee philosopher who fits the bill. 

03/22/05:  The Turning of the Elephants

On the Great Y2K Crash; Markets and Social Processes

01/07/05:  Review of Michael Crichton's "State of Fear"

11/13/04    A Technical Word on Trees

04/09/03    Why It's Best to Go Long